Nope, those steps do not exist for the Colorado tax entry. However, I just found a solution by selecting OTHER SITUATIONS and then UNDERPAYMENT INTEREST. After answering several questions, it still computed the same penalty. However, one question asked if I wanted Colorado to calculate any underpayment interest. So I redid that and answered Yes. That zeroed the penalty in TurboTax and the screen stated that TT will not send DR 0204 to Colorado.
